China Securities Regulatory Commission, Rules for the Administration of the Shareholdings of Directors, Supervisors and Senior Management Personnel of Listed Companies and the Changes Thereto
中国证券监督管理委员会上市公司董事、监事和高级管理人员所持本公司股份及其变动管理规则
Transfer of shares by directors, supervisors and senior
management personnel curbed.
Date:
July 2007
CLP Reference: 3700/07.04.05
Promulgated: 05 April 2007
Effective: 05 April 2007
Keywords (click to search): [corporate governance] [information disclosure] [lock-up period] [company law] [protection of shareholders' interests ]
Transfer of shares by directors, supervisors and senior
management personnel curbed.
Issued: April 5 2007
Effective: As of date of issuance
Applicability: The companies listed on the Shanghai Stock Exchange and Shenzhen Stock Exchange (the Stock Exchanges) and their directors, supervisors and senior management personnel shall comply with these Rules (Article 2).
Main Contents: The company's shares held by directors, supervisors and senior management personnel of a listed company refer to all the company's shares registered under their names. In the case of margin trading and short sale of securities, those shares of the company recorded on the credit account shall also be included (Article 3). The company's shares held...
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